The Independent Petroleum Marketers’ Association of Nigeria, IPMAN has called on the Federal Government to encourage local refiners, to boost local refining of crude oil in the country.
The Association’s National President Chinedu Okoronkwo who made the appeal in Lagos, said the it became imperative for President Buhari to encourage the local refining of petroleum products as he embarks on the second phase of his administration.
He said that only domestic refining would end ongoing challenges in the nation’s oil and gas sector.
According to Okoronkwo, the President should focus on how to upgrade the refineries and also encourage local refineries that are already licensed.
The IPMAN President urged government to reduce the rate of importation of products and also encourage local refiners to boost local production.
